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Multi-family Foreclosures in Buchanan, MI 49120

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Buchanan, MI Foreclosures

How much do homes sell for in Buchanan, MI?
The average home price is currently $289,002.
What’s the average rental cost in Buchanan, MI?
The average rental price in Buchanan is $1,395.
What is the most expensive home in Buchanan?
The most expensive home sold in Buchanan had a price of $3,168,100.
What is currently the cheapest priced home in Buchanan, MI?
The cheapest home for sale in Buchanan is priced at $10,788.

Living in Buchanan, MI

Buchanan, MI is a lovely small town that offers a warm community atmosphere, a vibrant downtown, and plenty of outdoor activities thanks to its natural beauty. The area is perfect for families and those looking to enjoy a slower pace of life while having access to essential amenities.

Current Market Conditions in Buchanan, MI

The current real estate market in Buchanan is showing signs of growth, with a steady increase in home prices over the last few months. The demand for properties, especially single-family homes, in the area remains high due to the town's appeal to families and retirees alike.

With the availability of various local amenities and recreational opportunities, more buyers are seeking properties in Buchanan. This trend has contributed to a competitive housing market with homes selling quickly.

Home Value Estimator For Buchanan, MI

There are currently 3,767 real estate properties in Buchanan, MI, with a median automated valuation model (AVM) price of $231,448.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Buchanan, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Buchanan, MI, is $289,002.00, with the most expensive house in Buchanan, MI, topping out at $3,168,100.00 and the cheapest home in Buchanan, MI, clocking in at $10,788.00. In other words, there’s something for every potential homebuyer or savvy investor in Buchanan, MI!

Rent Prices In Buchanan, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buchanan, MI, is on a rollercoaster ride. The average rent price in Buchanan, MI, is $1,395.00. Indeed, when looking to rent in Buchanan, MI, you can expect to pay as little as $760.00 or as much as $2,540.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Buchanan, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Buchanan, MI 49120 Multi-family Homes


Market Trend for Buchanan, MI

Total Listings Available: 0

Market Values:

Home Prices from $10,788 to $3,168,100

Average Sales Price: $289,002

Rental Values:

Rental from $760 to $2,540

Average Rent Value: $1,395 / month

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